Nike (NKE) volatility priced for more risk into Q1 results and margin outlook

Nike (NYSE: NKE) is expected to release Q1 results on September 22. Jefferies say's "We continue to recommend Nike as a quality global growth idea with leading emerging market exposure." October put option implied volatility is at 38 and January is at 36; above its six-month average of 27 according to Track Data, suggesting larger price movement.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Novavax (NVAX) 11K contracts of August 28 weekly 9 calls trade, share price up 8.8%
• United States Oil Fund (USO) call put ratio 1.4 calls to 1 put as share price up 2.9%
• Coinbase (COIN) call put ratio 2.3 calls to 1 put as share price up 7.2%